2023
Flag  
GDP
$1.07BCURRENT US$
Rnk 185 / 195
2013-2023
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GDP GROWTH
39.4%CURRENT US$
Rnk 93 / 195
2023
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 GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
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GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 195
2023
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GDP PC 
$10,520CURRENT US$
Rnk 88 / 195
2013-2023
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GDP PC GROWTH
48.8%CURRENT US$
Rnk 49 / 195
2023
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GDP PC
$3,828CURRENT US$
Rnk 132 / 196
2013-2023
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GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 195

About

Saint Vincent and the Grenadines-Sri Lanka Trade: In 2023, Saint Vincent and the Grenadines exported $812 to Sri Lanka. The main products that Saint Vincent and the Grenadines exported to Sri Lanka were Narrow Woven Fabric ($808) and Other Nuts ($4). Over the past 7 years the exports of Saint Vincent and the Grenadines to Sri Lanka have decreased at an annualized rate of 27.2%, from $7.47k in 2016 to $812 in 2023.

In 2023, Saint Vincent and the Grenadines did not export any services to Sri Lanka.

Sri Lanka-Saint Vincent and the Grenadines Trade: In 2023, Sri Lanka exported $28.1k to Saint Vincent and the Grenadines. The main products that Sri Lanka exported to Saint Vincent and the Grenadines were Other Edible Preparations ($14.3k), Tea ($11.4k), and Sports Equipment ($1.86k). Over the past 7 years the exports of Sri Lanka to Saint Vincent and the Grenadines have decreased at an annualized rate of 5.18%,  from $36.7k in 2016 to $28.1k in 2023.

In 2023, Sri Lanka did not export any services to Saint Vincent and the Grenadines.

Comparison In 2023,  Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M), and does not have data regarding Economic Complexity Index. That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saint Vincent and the Grenadines exported $812 to Sri Lanka. The main products exported from Saint Vincent and the Grenadines to Sri Lanka were Narrow Woven Fabric ($808) and Other Nuts ($4). During the last 7 years the exports of Saint Vincent and the Grenadines to Sri Lanka have decreased at an annualized rate of 27.2%, from $7.47k in 2016 to $812 in 2023.

In 2018, Sri Lanka exported $28.1k to Saint Vincent and the Grenadines. The main products exported from Sri Lanka to Saint Vincent and the Grenadines were Other Edible Preparations ($14.3k), Tea ($11.4k), and Sports Equipment ($1.86k). During the last 5 years the exports of Sri Lanka to Saint Vincent and the Grenadines have decreased at an annualized rate of 5.18%, from $36.7k in 2023 to $28.1k in 2018.

Exports from Saint Vincent and the Grenadines (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Saint Vincent and the Grenadines (Flag) (2023)

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$2.98B

This map shows whether countries import more from Saint Vincent and the Grenadines or Sri Lanka. Each country is colored based on the difference in imports they receive from Saint Vincent and the Grenadines and Sri Lanka or the difference in the growth in imports.

In 2023, countries that imported more from Saint Vincent and the Grenadines than Sri Lanka included Barbados ($8.86M), Saint Lucia ($6.16M), and Saint Kitts and Nevis ($5.44M).

In 2023, countries that imported more from Sri Lanka than Saint Vincent and the Grenadines included United States ($2.98B), India ($991M), and Germany ($906M).

Difference in imports from Sri Lanka (Flag) and Saint Vincent and the Grenadines (Flag) (2023)

Comparative Advantage Saint Vincent and the Grenadines - Sri Lanka

Flow
Scale

This chart compares trade between Saint Vincent and the Grenadines and Sri Lanka by product, considering products traded by both, Saint Vincent and the Grenadines and Sri Lanka.

During 2023, Saint Vincent and the Grenadines had a large net trade with Sri Lanka in the exports of Textiles ($808) and Vegetable Products ($4).

During 2018, Sri Lanka had a large net trade with Saint Vincent and the Grenadines in the exports of Foodstuffs ($14.3k), Vegetable Products ($11.7k), and Miscellaneous ($1.86k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Saint Vincent and the Grenadines and Sri Lanka. This means that a dot/product with the flag of Saint Vincent and the Grenadines indicates it has a comparative advantage over Sri Lanka. Similarly, a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Saint Vincent and the Grenadines.

Product Space of Saint Vincent and the Grenadines (Flag) and Sri Lanka (Flag) (2023)

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